P.A.M. Transportation lays off 75 employees, mostly nondrivers
P.A.M. Transportation says it has temporarily laid off approximately 75 employees as auto plant closures increase.
P.A.M. Transportation says it has temporarily laid off approximately 75 employees as auto plant closures increase.
Higher margins from completed vehicles help offset hit from GM strike as Canadian auto manufacturer warns of potential impact of coronavirus.
Plunge in vehicle and auto parts shipments drive broader softness as manufacturing sales drop 0.7% in October.
Roadrunner’s third quarter earnings report resembled a triage list indicating that the company’s restructuring path will be a bumpy one.
P.A.M. Transportation Services calls out GM strike as the primary reason the carrier failed to meet earnings expectations.
Canadian auto parts firm’s shares plunge by more than 10% after it warns of earnings hit from a slowdown in General Motors orders.